India probe into Wal-Mart investment moves to central bank: sources
MUMBAI/NEW DELHI (Reuters) – An investigation by Indian authorities into whether Wal-Mart Stores Inc violated local investment rules in 2010 has been referred to the country’s central bank, officials familiar with the matter said.
Regulation leads to exchange regionalization: NYSE Euronext official
LONDON (Reuters) – Diverging regulation of financial markets will lead to a regionalization of cash markets and make future consolidation between U.S. and European exchanges unlikely, the Executive Vice President of NYSE Euronext said on Tuesday.
Rosneft board approves $9 billion domestic bonds plan
MOSCOW (Reuters) – The board of Rosneft , now ranked as the world’s largest listed oil company by output, has approved a plan to issue 300 billion roubles ($9.4 billion) in domestic bonds with 10-year maturity, it said in a regulatory filing on Friday….
Exclusive: India gears up to launch interest rate futures – sources
MUMBAI (Reuters) – India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
As U.S. averts default, Japan and China brace for next dollar drama
HONG KONG/TOKYO (Reuters) – Deal or no deal, the U.S. Congress’ dance with default impressed policymakers and investors in China and Japan with just how vulnerable their own economic revival plans are to the next political tantrum on Capitol Hill.
Belgium’s Belgacom investigates new hacking attempt
BRUSSELS (Reuters) – Belgian telecoms group Belgacom is investigating another possible hacking attempt at its international wholesale arm BICS, the group said late on Thursday.
Analysis: Lurching gold prices mystify traders, undermine confidence
NEW YORK (Reuters) – In the early hours of the New York morning on Thursday, when scarcely a few hundred lots of gold futures are usually traded, a wave of buy orders worth over $2.3 billion surged into the market.
BofA considers new checking account that prevents overdraft: WSJ
(Reuters) – Bank of America is considering a plan to introduce a checking account that curbs overdraft practices, the Wall Street Journal said, citing people familiar with the bank’s strategy.
Ford’s Mulally won’t confirm or deny reports on Boeing, Microsoft jobs
WUHAN, China (Reuters) – Ford Motor Co Chief Executive Alan Mulally would not confirm or deny media reports that he is being sought to join Boeing Co and Microsoft Corp.
Hong Kong tycoon likely winner of U.S. loan to Fisker Auto-sources
DETROIT (Reuters) – An investor group led by Hong Kong tycoon Richard Li is the likely winner of a government loan owed by Fisker Automotive, the now-dormant maker of plug-in hybrid sports cars, people familiar with the matter said on Thursday.
